Rules & Regulations

General Rules

General Policies

Members can close their accounts at any time.

All policies and regulations are subject to change by Bettordays.ag without prior notice other than posting such changes to the website.

Management reserves the right to refuse any bet or part of a bet without prior notice, at any time. In addition management reserves the right to close a customers account and refund the balance of their account without further explanation, in this event, outstanding bets will be honored.

Any member found using multiple browsers or found attempting to manipulate or as certain information concerning the sportsbook software code will forfeit all winnings and may be deactivated as an Bettordays.ag member.

Any Robot program used in the Bettordays.ag will forfeit all wagers and your initial deposit will be sent back to you.

Member's winnings will not be reported to any government agencies. It is the responsibility of members to report any wagering income to their respective governmental agencies.

It is the member's responsibility to ensure they keep their username and password along with any other security details confidential. In the event that a member feels his/her information has been compromised they should notify the company immediately where upon new details may be given and any future transactions under the previous will be void.

Members are solely responsible for their account transactions and should keep all account information confidential. The member is solely responsible for any unauthorized use of the member's account.

Bettordays.ag will not accept any claims regarding wagers made over the internet.

All Internet rules apply to telephone wagers except where noted. Internet members may place wagers via the phone and phone members may place wagers via the Internet.

Member agrees to verify Account Balances on each call or Internet session prior to wagering. By verification of your account balance you agree that all previous transactions are correct and you do not have any claims.

A customer is untitled to put up a claim on a wager within a week of date the wager was placed.

No claims will be honored after this time period.

Claims are processed from 48hrs to 72hrs.

Tapes will be available for the customer from Monday to Thursday.

Bettordays.ag reserves the right to cancel all open parlays and teasers if they are not closed by the Sunday evening of the week they were opened.

Every transaction will be saved to a customer account history file. All phone transactions will be recorded and saved on tape files. In all cases of a dispute, both management and the member agree that the recording of the transaction shall serve as the final determination in the dispute and all wagers adjusted accordingly. When you confirm the read-back or click confirm on the online page the wager is considered final.

New accounts with same IP address will not receive any bonus offer.

All transactions are recorded using Eastern Time (ET).

All Sports Wagers must be made by Posted Game Time of each Event.

All Horse Wagers must be made 4 minutes prior to track post time.

Bettordays.ag DOES NOT ACCEPT ANY 5 or 6 TEAM PARLAY for more than $1000 USD per customer. In this parlay, the customer can have no more than 2 teams on a money line or runline with the underdog.

Bettordays.ag DOES NOT ACCEPT MORE THAN 5 TEAM ROUND ROBIN PARLAY. In that parlay the maximum total risk can not exceed more that $1000 USD per wager, per customer. In this ROUND ROBIN, the customer can have no more than 2 teams on a money line with the underdog.

It is the member's responsibility to ensure that their records are kept up to date with us, especially address, telephone number and payment/bank details.

Bettordays.ag reserves the right to refuse payment to anyone that is found to be party to any organized wagering syndicates dedicated to changing and manipulating the odds available at Bettordays.ag.

Once any withdrawal request is posted it cannot be altered.

Bettordays.ag does not recognize suspended games, protests, or overturned decisions for wagering purposes. Maximum bets on "circled" games may be reduced.

There will be no refunds, changing of plays or switching of teams after an official wager has been placed. Exceptions do apply and are at the discretion of the management.

All wagers are final once accepted by Bettordays.ag and confirmed by the player.

All wagers placed on events with obvious erroneous lines resulting from human error will be graded no action.

Bettordays.ag reserves the right to cancel any wagers and withhold payments from any account where multiple IP addresses are wagering into the same account.

Bettordays.ag reserves the right to cancel any Open Plays that are not closed within the same week they were opened.

Bettordays.ag reserves the right to cancel any Open Play (Parlay or Teaser) where the same team appears multiple times in the same Open Play.

Bettordays.ag reserves the right to attend your claim within 24 hours.

Legal Policies

Bettordays.ag is fully licensed and authorized to operate in Costa Rica; therefore, to ensure complete legality, all wager data will be considered to be originating from and governed by the laws of Costa Rica.

All financial transactions will adhere to international financial guidelines. Whereas Bettordays.ag gaming reaches virtually every country in the world, and many countries have not established laws pertaining to the legality of internet gaming, it is therefore the responsibility of each member to ensure that they comply with their own local laws with regard to betting.

All members must be at least 18 years of age to participate in any services offered by Bettordays.ag reserves the right to void any transactions made by a minor.

Las Vegas rules apply to any rule or wager not covered by Bettordays.ag policies.

The home team is always listed as the bottom team unless otherwise specified.

When wagering on the Internet, members are solely responsible for their own account transactions. Please be sure to review your wagers for any mistakes before sending them in. Once a transaction is complete, it cannot be changed.

Bettordays.ag will not accept any claims regarding wagers made over the internet.

BAD LINE RULE:Bettordays.ag will not accept wagers on events posted with obvious or gross line errors. Management also reserves the right to cancel any wager made on an obvious "bad" line whether due to software or human error.

OVERTIME PERIODS:

When wagering on totals, overtime periods are counted in the final score.

When wagering on quarters, overtime periods are not included.

Overtime is included in 2nd half wagering.

READ BACK IS FINAL:
After wagers are placed by telephone, the phone clerk will read back the wagers. If the read back or confirmation is correct, the client must re-confirm wagers by stating their client number and password. If a client confirms a read back where the telephone clerk made a mistake, the wager is final. It is the responsibility of the client to correct any errors during the read back.

In the event a customer does not hear the read back due to technical difficulties (disconnection, etc), it is the customer's responsibility to call back immediately to confirm his wager(s) or the wager(s) will be voided. Please, call back to confirm your wager(s).

WINNERS AND LOSERS ARE OFFICIAL AFTER:

Football (NFL & NCAA): 55 minutes of play

Basketball (NBA): 43 minutes of play

Basketball (NCAA): 35 minutes of play

Hockey (NHL): 55 minutes of play

All other sporting events: 55 minutes of play

Overtime periods, quarters or extra innings are counted in the final score when wagering on totals, money line and spread betting.

On half time wagers, overtime periods are included as part of the 2nd half.

Other Sports: All other contests that involve a scheduled length of play or time limit must play to their conclusion or have five minutes or less of the scheduled playing time remaining when the contest concludes to be considered official for wagering purposes.

Sports Rules

General Rules

All events must be played on the scheduled date and time, unless otherwise specified. If an event is postponed or rescheduled the wager will be considered “NO ACTION” and the wager amount returned to the member’s account accordingly.

The maximum payout over the Internet is $2000 on Parlays and Teasers. If a parlay or teaser is placed over the Internet, the winning amount is more than $2000, the player would only be accredited with $2000 in his or her account.

The maximum payout on parlays over the phone $20000.

Bettordays.ag members are responsible for the completion of all wagers. All wagers must be submitted then confirmed on the internet. All phone wagers must be understood and confirmed over the phone by repeating user identification number and/or password.

Wagers over the company limit must be called in and confirmed by the manager on duty.

All overtime periods or extra innings will count regarding total wagers. All overtime scoring will count towards second half total wagers.

Bettordays.ag reserves the right to void any obvious bad line error within the sportsbook, in such cases the wager will be NO ACTION and you will be notified by e-mail. In cases where email address is unavailable or unknown phone contact may be necessary.

Bettordays.ag reserves the right to void any obvious wagers not adhering to company wager limit policy unless proper verification has been given by the manager on duty before game time.

All wagers will be accepted up to the starting time of the sporting event. The exception being Horse wagers which may be unavailable to bet up to five minutes before actual post time.

Bets placed by credit, or debit card, do not become valid until the company has received payment. In the event that such payment is not forthcoming before the event bet on commences, then that bet is automatically void. All accounts must be funded properly prior to any wager to be accepted.

All prices/lines are subject to variation and become fixed at the time a bet is placed.

All open parlays and teasers must be closed by sunday night. No team can be duplicated on either wager. If a parlay or teaser is left open past the allowed time it will be deleted from the system

Any member utilizing multiple accounts to submit the same wager and forgo the company limit policy will not be tolerated and all wagers may be forfeited.

We will not allow 4 team Teasers with only game totals in Pro and College Football. In a 4 team Teaser, 2 totals may be used with 2 sides. In a 3 team teaser 1 side may be used with 2 totals.

We allow customers to place 2 team parlays side-to-side only up to $100 per play and 2 team reverses side-to-side only up to $100 per play. These wagers are going to be accepted ONLY on one side of the game/total. Any action placed on both sides of each game/total will be discredited.

In Parlay or multiple betting NO multiple (parlay) bets can be accepted where individual legs are ‘connected’. For example, one leg of a parlay is for Sampras to beat Henman in the 4th round of Wimbledon and the second or additional part of the parlay is for Sampras to win the overall.

In the event of a dead heat (a tie), stakes will be divided by the number of selections dead heating with the divided stake settled at full odds, remaining stakes are lost. If the tie was a betting option, then the dead heat rule does not apply. The Dead Heat Rule only applies to Future Wagers. For example, if there is a 3 way tie for the Top Scorer in a Football game. Then your winnings are calculated by taking your stake, dividing it by 3, and multiplying that amount by the odds on your betting ticket.

Basketball

Minimum Time for Action:

All competitions/leagues except the NBA must go at least 35 minutes for action unless otherwise specified.

For wagering purposes, winners and losers are determined by the final score, provided that the game has gone the minimum time as specified above.

Overtime:

For wagering on games in basketball, the final score includes overtime.

If a game is suspended after the minimum time has been played and not resumed the same day, then regardless of whether the game is completed at a later date, the score when the game is halted will determine the betting results.

If play is suspended before the minimum time has been reached and not resumed the same day, all bets will be scored as 'no action' and all monies refunded.

Additional Terms:

Unless noted before a contest, all events must be played on the scheduled date and at the scheduled site to have action.

Las Vegas wagering Terms will apply to any situations not covered herein.

Quarter Wagers:

Wagers are official once each quarter is completed, whether or not the game is played completely.

NBA Props:

Baseball

Major League Baseball

Official Game Time

Winners and Losers are official after 5 innings of play unless the home team is leading after 4 1/2 innings. If a game is called or suspended, the score after the last full inning determines the winner. If the home team scores to tie - or takes the lead in the bottom half of the inning� the score at the time the game is called determines the winner. Monies will be refunded if the home team ties the game and it is then suspended. Events will not carry over to the following day (unless otherwise specified). Bettordays.ag does not recognize suspended games, protests, overturned decisions, etc. for wagering purposes.

When wagering on the total runs (over/under) the game must go 9 innings (8 1/2 if the home team is ahead) to have action. Wagers on total runs will be refunded if a pitcher change occurs prior to both listed pitchers throwing at least one pitch. Terms for the run line wagers are the same as those for baseball totals.

Pitcher Selection

Baseball wagers will be accepted in the following manner:

Action: Team against team, regardless of the starting pitcher. "Action" wagers will be computed by the opening price with the new pitcher. A pitcher is deemed a starting pitcher after throwing one pitch.

One specified pitcher: A wager where you pick only 1 pitcher and do not care who the other starting pitcher is. The pitcher you list MUST start in order for your wager to have "Action".

Both specified pitchers (listed): If starting pitchers are not exactly as listed on wagering display board and/or your ticket, your wager will be deemed "no action".

Note: If there is a pitching change prior to the game, money odds may be adjusted. If one scheduled pitcher starts against any unscheduled pitcher, "action" wagers will be computed by the opening price with the new pitcher. A pitcher is deemed a starting pitcher after throwing one pitch.

Baseball Props

First 5 full Innings:
When wagering on the "First 5 full innings" lines, both listed pitchers must start. In case of a pitching change all wagers will be no action. If both teams are tied, wagers on sides will be considered a push and the wagers on the total will have action. Both teams must bat 5 full innings for action.

Second Halfs
Bets are based on the score from the top of the 6th inning till the end of the game. Must be a complete game (i.e. 9 innings, or 8 1/2 innings if the home team is ahead). Wagers include extra innings.
All wagers are action, regardless of pitcher.

Player Props:
All players must start for action (unless otherwise specified). All players must have at least 1 at bat (note walks count), and the game must go 8 1/2 innings with the home team winning. When wagering on player props both listed pitchers must start. In case of a pitching change all wagers will be no action.

Team to score first:
When wagering on "Team to score first", both listed pitchers must start. In case of a pitching change, all wagers will be no action. The "Team to score first" prop has action as soon as a team scores.

Team total Runs:
When wagering on "Team total runs", both listed pitchers must start. In case of a pitching change, all wagers will be no action. The game must go a minimum of 8 1/2 innings with the home team winning.

Alternative Run Lines:
When wagering on "Alternative Run Lines", both listed pitchers must start. In case of a pitching change all wagers will be no action. The game must go a minimum of 8 1/2 innings with the home team winning.

Total Runs, Hits, and Errors:
When wagering on Total Runs, Hits, and Errors both listed pitchers must start. In case of a pitching change all wagers will be no action. The game must go a minimum of 8 1/2 innings with the home team winning.

Inning by Inning:
When wagering on Inning by Inning both listed pitchers must start. In case of a pitching change all wagers will be no action. Innings will be graded on an inning by inning basis (6 outs must be recorded in the inning for it to be graded), the only exception being that in the 9th inning the home team does not need to bat unless they are losing.

MLB Grand Salami:
All games must go a minimum of 8 1/2 innings for this prop to have action.

Will there be a score in the first inning:
Prop will be graded as soon as the first inning ends, and bets are action regardless of game suspension or postponement.

Baseball Series Prices:
Series price wagers are all based upon
THE FIRST 3 GAMES
of a series
ONLY
.(REGULAR SEASON
ONLY
)
If there is a rainout and only 2 games have been played, there will still be action. (If the series is tied 1-1, that will be the result of the series, a PUSH) If there is a rainout and they reschedule the game, as long as it is played by the time appointed in the banner, it WILL count toward the series. Pitching changes
DO NOT
affect baseball series wagers.
A called game will count toward a series wager provided it is declared an official regulation game.

All other

All wagers are based on listed pitchers.

Wagering on Baseball

Money Line Wagering

Wagering on baseball is done by risking more money than the win amount on favorites (Mets) or risking less to win more on dogs or underdogs (teams not favored to win).

Example:

Mets

-140

Reds

+120

If you wager on the Mets -140 you lay $140 to win $100.

If you wager on the Reds +120 you lay $100 to win $120.

Totals Over/Under
( This wager is ALWAYS "
Listed Pitchers")

There is a standard 20 cent line.

Example:

Mets

7 over

-120

7 under

Even Money

If you take the Mets over 7 runs you lay $120 to win $100.

If you take the Reds under 7 you lay $100 to win $100 (even money).

The team doesn't matter. You are only wagering on the total runs of the game.

Run Line Wagering
( This wager is ALWAYS "
Listed Pitchers)"

A baseball Run Line wager is a combination of the point spread and the money line. The team wagered on must win by the point spread while the amount wagered is determined by the money line odds.

Example:

If you wager on the Braves you must win by 2 or more runs. You would lay $100 to win $130.

If you wager on the Pirates they cannot lose by 2 or more runs. You would lay $150 to win $100.

Boxing

This covers straight money line betting as well as proposition bets on whether the fight, will go to a certain amount of rounds as predetermined on the day of the fight. Boxing wagers will be no action until the sound of the bell to start the first round.
Examples
:

Horse Racing

The management of Bettordays.ag reserves the right to restrict the amount of, any bet, on any track, at any time, if so desired.

After the management verifies the results of the race, if it is found that the wager was past-posted (anytime after the "OFFICIAL GATE TIME" even if it 1 second beyond), your wager will then be disqualified from any winnings, and your original bet will be placed back in your account.

There are no house odds. If there are no track payoffs for a certain type of wager, all wagers on that type will be refunded.

Any attempt to play negative pool hedges will result in account suspension

Bettordays.ag is not Pari-Mutuel, so your plays do not affect the track odds!

The maximum risk on any straight wager is $100 ( $100 across max.).

The maximum risk on any exotic is $100 (daily doubles, exactas, trifectas).

Max Payouts

Golf

Betting on all Major Golfing Events

Straight money line betting as well as match-ups.

Betting right up until tee-off time.

In head-to-head match-ups, both golfers must tee-off in order to have action. If one player misses the cut, his opponent is deemed the winner. If both players miss the cut the lower score wins. If both players have the same score, then all wagers are refunded.

Special Handicap Head to Heads
If a player withdraws after tee off or misses the cut the player who plays the most holes wins. Playoffs do not count for handicap bets.

To Win a Tournament

All bets are treated as "All In". All players quoted have action regardless if a player withdraws before the tournament begins and are settled as a loss.

In the event of a tie where 3 or more competitors are offered in one betting option, the payout will be divided by the number of players tied. For example 2 players tie for the Top USA player at the British Open will result in the normal payout given divided by 2.

If a tournament is shortened, after it has started, then all bets stand. Bets accepted after the end of a day�s play are void unless there is further play, which counts towards the result of the tournament (other than a playoff). Or the betting is specifically stated to be on the outcome of a playoff.

If a tournament is officially abandoned, all bets on the tournament are void, except options that have already been decided.

Ice Hockey

Professional, College, and Amateur Hockey

For wagering purposes, winners and losers are determined by the final score, provided that the game has gone the minimum time as specified above.

Overtime:

For wagering on games in the National Hockey League, the final score includes overtime and shoot-outs.

If a game is suspended after the minimum time has been played and not resumed the same day, then regardless of whether the game is completed at a later date, the score when the game is halted will determine the betting results.

If play is suspended before the minimum time has been reached and not resumed the same day, all bets will be scored as 'no action' and all monies refunded.

Additional Terms:

Bettordays.ag does not sell points in hockey wagers.

Regarding totals: If the game ends in overtime tied and goes to a shootout, the winner of the shootout will be credited with one extra goal. This means there will be no more 1/2 goal lines in hockey. Additionally, this means there will be no more ties in hockey.

Unless noted before a contest, all events must be played on the scheduled date and at the scheduled site to have action.

Bettordays.ag does not offer teasers in hockey.

Las Vegas wagering Terms will apply to any situations not covered herein.

First Period Wagers:

Wagers are official once the first period is completed, whether or not the game is played completely

NHL Props

All players must play for action (unless otherwise specified)

Personal Player Stats and other Stats achieved during an NHL Shootout are not taken into account for certain proposition bets, for example: Player Total Shot on Goals, Player Total Points, Player Total Goals, Team to Score First, Team to Score Last.

Tennis

At Bettordays.ag we accept bets on all major tennis events using straight money lines.

Example:

Roger Federer -140 or risk $140 to win $100

Andy Roddick +120 or risk $100 to win $120

For wagering purposes, a tennis match must go at least 2 full sets or 3 full sets
for Grand Slams (Australian Open, French Open, Wimbledon and US Open, MENS ONLY),
there will be action.

In the event of a retirement after 2 full sets (or 3 full set for a grand slam)
the winner will be determined by who advances.

Tennis times are not final. The times will be determined by our official source
(Don Best). All matchup are action regardless of schedule changes. In the event
of a past-posted wager, the wager will NOT have action regardless of the result.

Wagers placed on matches will have action, even if the match is postponed, and completed
on a later date (24Hr Rule does not apply for Tennis Matchups).

In the event of a change of playing surface, venue, or outside to indoor court and
vice versa, all bets will stand.

In the case of a walkover situation, the outcome will be graded "no action".

Auto Racing

Auto Racing and NASCAR Betting General Terms
There are two main ways to bet on NASCAR and other motor racing events. Either on the out-right winner of the race or on the winner of a predetermined matchup.
Example:

Jeff Gordon 1/1 or 100 to win 100

Dale Jarrett 2/1 or 100 to win 200

Mark Martin 2/1 or 100 to win 200

Mark Skinner 5/2 or 100 to win 250

Dale Ernhardt Jr. 7/5 or 100 to win 140

Bets on Formula One (F1), Motor and Auto races are decided on the podium position of the day of the prize giving for the particular event, any changes in position after this time is not considered for settling purposes. If two drivers abandon the race after completing the same number of laps, the respective head to head is deemed void, otherwise the driver who completes the most laps will be deemed the winner if both drivers fail to finish the race.

Formula One Betting General Terms
Bets on Formula One (F1), Motor and Auto races are decided on the podium position of the day of the prize giving for the particular event, any changes in position after this time is not considered for settling purposes. If two drivers abandon the race after completing the same number of laps, the respective head to head is deemed void, otherwise the driver who completes the most laps will be deemed the winner if both drivers fail to finish the race.

To win the race: 60% of the starting field must start the race for action.

Top 3 (podium) finishes: 80% of the starting field must start for action.

Drivers Matchups: Both drivers must start the race for action.

THE FORMATION LAP IS NOT CONSIDERED PART OF THE RACE FOR WAGERING PURPOSES.

Soccer

Soccer wagers on the moneyline are a 3-Outcome event, which means that you can pick
either of the two teams to win, or you can pick the draw (tie). If you do
not pick the draw, and the game ends in a tie, then the wager is a loss. The
score at the end of regulation time (90 minutes + stoppage time) will be used to
grade all wagers. No extra periods, golden-goals, or penalty shootouts are
included (unless otherwise specified).

Betting is a fun way to make an exciting sports event even more exciting and it can also be an entertaining way to make money. If you are new to online sports betting, you may find the many competing online bookmakers and the specialist language of odds off-putting.

How a simple bet works?

The most common type of bet concerns the outcome of a single game or contest. Put simply, you guess the result and find another person who is prepared to take the opposite view.

Each party puts down some money - known as their stake. You agree to lose your stake if you guess incorrectly. But you will get your stake back AND win the other stake if you get it right!.

What a bookmaker does?

To bet, you need to find someone to oppose you. A bookmaker (also known as a bookie) is someone who makes a business from taking bets. Whatever sporting event you are interested in, there will typically be one or more bookmakers taking bets on it (making a book).

In betting with a bookmaker you are said to place a bet and the bookmaker is said to take a bet - but the essence is exactly the same as betting with a friend!. You put down some money (by depositing it with the bookmaker) and if you lose, they keep it. If you win, however, you get your stake back PLUS your winnings. The winnings can be seen as the stake put down by the bookmaker - but since the bookmaker holds both stakes, you never see his unless you win.

A person who places a bet with a bookmaker is often referred to as a punter.

What odds are?

When you bet with a friend, you both usually put down the same amount of money. With a bookmaker you don’t always bet with equal stakes. For each possible outcome of an event, a bookmaker will offer a ratio of his stake to yours. These are the odds.

The odds are set at the time you place your bet (with a few exceptions - see Starting Price, the Tote, and Spread Betting, below).

For example, if you back a horse at 3 - 1, you will give the bookmaker one unit - say, a pound. If the horse wins, you will get your one pound back - and the three pounds winnings.

When the amount of money you can win (in our example, three pounds) is greater than the amount you stake (your original pound), this is known as Odds Against.

When the amount of money you can win is less than your stake it is known as Odds On. Of course, you do still win, since you get your stake back. For example, if you back a horse at 1-2 (usually described as 2-1 on), putting the same $1 down, and you win, you will get your original $1 back plus 50 cent. (To gain a whole $1 you would have had to stake $2).

At 1-1 (Evens) you get your stake back and the exact amount again, e.g. a $1 bet at Evens will get you your $1 back and another $1 in winnings, making $2 all together.

To recap, the higher the odds, the more you win if you are successful.

What odds represent?

In theory, the odds represent the probability of the outcome, i.e. how often it would occur, if the event were repeated again and again. For example, if you keep rolling a pair of dice for long enough, two sixes will come up together 1 time in 36. Odds based on the statistical probability are known as the true odds. In this case, the true odds are 35-1, because you will lose 35 times for each time you win.

Because sporting events are never rerun under exactly the same conditions, the true odds are always a matter of opinion.

Not only that, when you bet with a bookmaker the odds don’t just represent the likelihood of the result. They also reflect the bookmakers need to make profit and different amounts of money taken on the possible outcomes.

The art of betting is in trying to find odds that are out of line with the true probability. We’ll return to this theme later.

Odds offer the possibility of winning more money (by backing an unlikely outcome), or taking less risk (by backing a likely one).

How odds are expressed?

Odds can be described in a number of ways. Traditional odds (as above) are shown as a ratio e.g. 4 -1, 8/13 (13-8 on) etc. Odds can also be expressed as a percentage or as a decimal number e.g. 5.0 or 1.62. In decimal format the number represents your total return (including your stake). If you want to compare the odds offered by two bookmakers you have to convert them to the same format.

Occasionally, you might see the words SP appear in an table for a horserace, instead of numbers representing odds. SP stands for Starting Price and is an exception to the general rule of fixed odds. Starting Price is calculated after the start of the race and is an average price for that horse determined by racecourse officials using the prices shown by on-course bookmakers. This means the bookmaker cannot yet tell you what the exact odds are going to be. When you back a horse using a starting price, the price can change based on market conditions, and you are agreeing to whatever the odds will be at the start of the race. Some internet bookmakers only show exact odds for bigger races and for smaller races show SP up until an hour or so before the beginning of the race.

Why odds can differ?

The bookmakers who feature on our site all operate independently of each other. For the punter the important thing to understand is that odds are set independently by each individual bookmaker and therefore can vary dramatically.

It is a common belief that the odds offered by the bookmakers on a particular outcome reflect the true probability of that outcome occurring. This is a misapprehension.

For the bookmaker, the process of deciding how high or low to set the odds actually has two parts:

The Probability – Good bookmakers do indeed employ odds compilers with specialist sporting knowledge who calculate the likelihood of the various possible outcomes and then draw up the odds. This thinking is reflected in their early prices (also known as Tissue Prices).

The Market – Once the bookmaker has started taking bets from punters (once the market has opened) the odds will be changed in response to where the money is going i.e. how people are betting.

Some bookmakers are driven almost exclusively by the market. They will tend to post prices late, once they have seen the other bookie’s odds. Others will post early but at very short prices on which they feel they can’t lose, then see how the market takes them.

Which factors affect the odds?

Whether it is you or the bookmaker, there are certain factors to consider and weigh up many different factors while attempting to determine the probability of a particular outcome.

In horseracing these might include:

Form - The past history of all the runners. Going - A description of how the weather has affected the track.
The riders, trainers and owners. The pedigree of the horses. The draw.

In other sports the factors might include:

Form - The past results of the teams and players involved. Line-up and management.
Injuries/fitness of players. Which team has the home advantage. Weather.

All the above are useful indicators as to the outcome of any sporting event. How much weight you attach to each of the particular factors is the subject of much argument.

Nowadays a lot of this information is available somewhere on the Internet. Considering these factors will help you to form an opinion as to the probability of particular outcomes - what the experts call the True Odds -. Use our Links pages to find useful sources of information.

Bear in mind that while the bookmakers must set odds (and therefore form opinions on) a whole range of sporting events, you can concentrate on one event. If, in your opinion, the bookmakers are offering odds that you believe to be longer than the true odds, you have found what experts refer to as a Value Bet. Making Value bets is the only way to beat the bookmakers in the long term.

How the market changes the odds?

Once the market has opened, and the bookmaker starts to take Bets, the bookmakers need to take into account market conditions - i.e. the money staked so far on the event. A bookmaker is a professional - he must make a profit. If a lot of people bet on a particular team, or horse, then the bookie stands to lose a lot of money if it wins. In this situation, bookmakers will make the odds on that team or horse worse (lower) to discourage people from backing it. They may also improve (raise) the odds on the other teams or horses to motivate punters to put money on those participants.

Consequently the odds they offer may very well cease to represent a considered view of the outcome of any particular event - they are just as likely to become a reflection of what other people are betting on. For example, football fans often back their team, regardless of their real chances, out of loyalty. As a result the odds may reflect the popularity of the team as much as, or more than, its likelihood of winning.

How good are the odds on offer?

For the bookie, the important thing is to pay out less in winnings than he retains in stakes. Typically, he will try to ensure that he makes a profit on each event on which he makes a book. This is done by setting an Overround. It sounds complicated but it isn’t really. To calculate an Overround, convert the odds of all participants in the event to percentages, then add them together. Remember that in order to convert to the probability you need to add in the stake, for example 2/1 represents a probability of 1 in 3.

An example of an Overround might be: VIEW TABLE.

While mathematically the total probabilities of all participants in an event must be 100% (one participant -and only one- can win) the bookmaker’s Overround will add up to more than 100%. It’s the amount over 100% that represents the bookmaker’s profit. Just like in shopping, the higher the profit, the less good value that will represent.

You probably won’t be bothered to sit and work out overrounds. Many sites out there that will do this for you.

What other kinds of bets are there?

The kind of bet we have been discussing is called a Single (because there is only one outcome being considered) and a Win Bet (because the outcome has only two possibilities win or lose). This is the most common type of bet, but there are many other kinds. Some you might come across are:

Accumulators (such as doubles or triples) - A bet in which a single stake is used to generate two or more bets in succession. There are many complex types of accumulator such as a Yankee, a Heinz, a Trixie etc. There more complex types are novelty bets - they are not used by punters who are seriously trying to make money.

Each way effectively two bets in which equal stakes are laid

on the selection coming first.

the selection being placed.

The individual bookmaker’s sites give details of all the bet types they are prepared to take.

What other kinds of betting are there?

There are three further common kinds of betting.

The Tote - The Tote offers a very similar set of options to a bookmaker, including Win Bets and various Accumulators. The difference is that the Tote is a pool or “pot” based system. All bets are pooled and following the race the pool (less deductions - the Tote’s profit) is shared out among those who won. This means that your bet isn’t made at fixed odds as the amount you stand to win is affected by all those who bet after you. Tote prices- they call them “will pays” (an indication of what you would win if there were no bets after yours) are shown at racecourses and on the Tote’s web site. In practice although there are usually some small differences between the Tote’s prices and bookmaker’s prices they end up pretty even. Some punters have famous stories about big differences on outsiders.

2. Spread Betting - A form of betting derived from financial markets where the punter bets on a “spread” of numbers relating to the particular event - for example, runs scored in cricket, points in Rugby Union, or the number of lengths between named horses at the end of the race. The bookmaker quotes the spread: say, regarding the number of points to be scored by one side in a Rugby game, 28-30. If you think the side will score more than 30, you “buy” at 30; if fewer, you “sell” at 28, and stipulate your stake per point. If you buy the spread at £1 and the team scores only 25, you lose £5 - 30 minus 25 leaves 5, which multiplied by your stake is £5; if that team scores 35, you win £5. The attraction of spread betting is that the more right you are, the more you will win - and by the same token the more wrong you are, the more you will lose.

Note: you cannot have a spread bet unless you have an account with the bookie concerned, since you cannot stake the bet in advance as you do not know how much you might lose.

One-To-One Betting - This essentially refers to betting without a bookmaker, as you would with a friend, for example. There are now a number of One-To-One betting sites on the Internet that allow strangers to bet against each other. On these sites you can offer to either lay or place a bet. If you lay a bet, you yourself offer the odds and the stake, and then wait to see whether another user will take you up on it.

Odds formats

American Odds (Money Line)

By selecting American Odds - money line format, you will see all of the quotes offered in a money line format. This will then display the quotes as follows. You can have a negative and a plus side. For instance,

Green Bay -125 Dallas +115

What this means is that for every $125 you bet on Green Bay, you win $100 if they win. For every $100 you bet on Dallas, you win $115 if they win.

European Odds (Decimal)

By selecting European odds - decimal format you will see all of the quotes offered in decimal odds. This will then display the quotes as follows.

Green Bay 1.8 Dallas 2.15

To calculate a decimal quote all you need to do is multiply your stake amount by the quote.

Differences between sports

EUROPEAN SOCCER

SINGLE BETS

Single match bet

If you place a bet on a single match you can bet on a home win (Tip 1), a draw (Tip 0) or an away win (Tip 2). Your selection must be correct for your bet to win.

By selecting a single bet on soccer there will also be various match options that you can choose on the listed games to predict the correct score after 90 minutes play, who will be the first goal scorer, what will be the result at half time, the time of the first goal scored etc.

MULTIPLE BETS

Combo bet

A combo bet is a combination of 2 or more single bets on soccer. You can bet on 2 or more games, but you must get all of your selections correct for your combo to win. The odds and payout increase with the number of games bet in your combo.

Combo winnings are calculated by multiplying the odds of each of your selections by each other, and then by multiplying that amount by the amount bet in the combo column.

AMERICAN FOOTBALL

SINGLE BETS

Straight Up

This is a straight bet on the outcome of the match. Simply select which team you think will win. All your team has to do is to win the game regardless of the pointspread.

Spread Betting

Each team has been awarded a starting line. Your team will either be leading by + points/runs/goals or trailing by - points/runs/goals at the start. The team with the highest number of points/runs/goals at the end will be the winner.

For example if Green Bay is playing Dallas in an NFL match up and Green Bay is favored to beat Dallas by 4.5 points, you can bet on either Green Bay minus 4.5 points, or Dallas plus 4.5 points. Therefore if you bet on Green Bay minus 4.5 points - for betting purposes they must win the game by 5 points or more for your bet to win.

Alternatively if you bet on Dallas plus 4.5 points - for betting purposes they must either win the game or lose by less than four points for your bet to win.

Total Over / Under

You can bet on whether you think the combined total points/runs/goals scored by both teams in the game will be over or under the total given.

MULTIPLE BETS

Parlays

A parlay bet is a combination of 2 or more single bets on 1 or more games. For example, you can bet on 2 or more football games, but must get all of your selections correct for your parlay to win. The odds and payout increase with the number of games bet in your parlay.

Parlay winnings are calculated by multiplying the odds of each of your selections by each other, and then by multiplying that amount by the amount wagered in the parlay column.

Teasers

A teaser bet is a combination of 2 or more single bets on 1 or more games where you can adjust the point spread in your favour for a greater chance of winning.

For example, you can bet on 2 or more football games, but must get all of your selections correct for your teaser to win. The odds and payout increase with the number of games bet in your teaser.

Betting is a fun way to make an exciting sports event even more exciting and it can also be an entertaining way to make money. If you are new to online sports betting, you may find the many competing online bookmakers and the specialist language of odds off-putting.

How is Bettordays.ag?

Bettordays.ag is an online sportsbook with an increasing reputation for services, payouts, and promotions. At Bettordays.ag we utilize the most advanced user friendly sportsbook software, and it requires absolutely NO downloading to play.

What wagering services do you offer right now?

What does it take to get started?

It's very easy to get started with us. If you want to open up an account, simply call our toll free number 1-877-880-5070 and one of our customer service representatives will be more than happy to help you. You will have an account number and a password which can be accessed via internet or over the phone.

Where can I find customer service?

Wager Types

Straights

This is the most common type of sports wager and is based on the results of a single game. One team is typically favored over another by a point spread / handicap or a money line. With the Point Spread or Handicap, the favorite gives the underdog a number of points as a head start. The favorite is always indicated by a minus sign (-7) and the underdog by a plus sign (+7). The number of points a player must give or take is estimated to be the number that will generate equal wagering on both the underdog and the favorite.

For betting purposes, the result of the game is determined by taking the actual score and subtracting points from the favorite's score, or adding points to the underdog's score. So, a favorite can win the game, but lose it for betting purposes, and an underdog can lose the game, but win it for betting purposes.

In most straight bets, which are set by a point spread, the player must lay $11 for every $10 he/she wishes to win.

For example, the Oakland Raiders may be favored by 7 points over the Denver Broncos. A player who wishes to win $10 on Oakland must give Denver 7 points. If Oakland wins by more than 7 points than the Oakland player wins $10. If Oakland wins by less than 7 points, or loses outright, then the Oakland player loses $11. On the other side of the wager, in order for a Denver player to win, The Denver Broncos must win the game outright, or lose by less than 7 points.

Parlays

A parlay wager is a bet on 2 up to 8 teams or selections. It is one of the more versatile forms of sports wagering. The player can combine different sports, point spreads and money lines. In a parlay wager the original stake and winnings are re-invested on the next game, and all selections must be correct, that is, one loss and the parlay loses.

In the event of a push (tie), game cancellation, or a pitcher who you have specified as not starting, actually starts, the parlay reduces to the next lower number, e.g. a four team parlay becomes a three team parlay. A winning parlay wager will pay many times greater than the initial wager.

No parlay wagers will be accepted where propositions, quarters or different periods of the same game are connected. The parts of a parlay wager are deemed to be connected, for example, if one leg of a parlay is for Sampras to defeat Henman in the 4th round of Wimbledon, and the second, or additional, part of the parlay is for Sampras to win the Wimbledon title. The match forms part of the overall tournament and is, therefore, connected.

In the same way, you cannot parlay the over of the first half of a football game with the over of the total game, because the two are connected.

Teasers

A teaser wager is a wager on two or more teams or selections. The difference between the teaser wager and the parlay is that the player can adjust or tease the line in his/her own favor. For example, if the Denver Broncos are favored by seven points in one game, and the Seattle Seahawks are favored by 10 points in a second game, a teaser could very well favor the player. That is, a six point, two team teaser would adjust the point spread six points in favor of the player. In effect, Denver would now be favored by one point (7-6 = 1) and Seattle would be favored by four points (10-6 = 4).

In this particular example the player is wagering that Denver will win by more that one point (7-6 = 1) and Seattle will win by more than four points (10-6 = 4).

Future/Props

A future wager is a wager made, or lines/odds posted, on an event, or outcome, that will be determined sometime in the future. For example, it might be a wager placed at the start of the football season on Miami Dolphins to win the Super Bowl. All wagers are final. There is no payoff until the end of the season.

The main point to remember is that future odds change continuously throughout the season. In other words, you get the odds which are in effect at the time you place a wager. Future wagers often attract (high) odds to the player.

A proposition play is a wager based on the outcome of events. Odds change daily and all wagers are considered action for the odds quoted at the time of the wager.

In the case of a future/proposition wager, if your selected team or contestant does not take part in the game or contest due to scratch, injury etc., you will not receive a refund.

The player must also keep in mind the dead heat rule. This means that in the event of a dead heat (tie), the stakes will be divided by the number of selections involved in the dead heat (those dead-heating), with the divided stake settled at full odds. The remaining stakes are losers. If the tie was a wagering option, however, then the dead heat rule does not apply. It will only apply to future wagers. For example, if there is a three-way tie for the top scorer in a football game, then the player's winnings are calculated by taking the stake, dividing it by three, and multiplying it by the odds on his/her wagering ticket.

Reverses

A reverse wager is the same as two if - win wagers. This means that if wager A wins, the bet goes to wager B. Likewise, if wager B wins, the bet goes to wager A. On the other hand, if wager A loses, the bet does not go to wager B. And again, if wager B loses, the bet does not go to wager A. If wager A wins, the bet goes to wager B, but if wager B loses, the bet does not go to wager A.

All standard reverse bets are double action, therefore, in the event of a tie, the bet is still active.

Totals

The totals wager is based on the combined total number of points or goals scored by two teams in a single game. A player bets on whether the combined total number of points or goals scored by the two teams in the game will be over or under the total set by the oddsmaker / handicapper. For example, if the total set by the oddsmaker is 42 and you believe that the combined points scored by the two teams will exceed that number, you would bet over. You would bet under if you believe the total points score will be less than 42.

If Win Bets

An If wager is a bet that carries over to a second team if the player wins on his initial selection. For example, the player has to wager a fixed amount on one team. If that team wins, or the game is tied, then another fixed amount, up to the original amount wagered, shall be placed on a different team.

The player must win his/her first wager in order to continue the action on the remaining wagers. If the first wager loses, there is no subsequent action. Note that the player cannot have duplicate teams in the same if - win wager.

Money Lines

A money line wager, instead of a point spread, may be used to bet on a match-up between two teams. In effect, if a match-up is determined by a money line, like Major League Baseball, then it will cost the player more to wager on the favorite.

For example, the New York Yankees may be a (-150) favorite over the Washington Nationals. In this example, the player must lay $150 in order to win $100. That is, if the Yankees win, the player pockets $100. If the Yankees lose, the player loses $150. On the other hand, the player could have bet on the underdog, Washington, in which case the player would lay $100 in order to win $140 (10 cent line). If Washington loses, the player only loses $100, but if Washington wins, the player would win $140.